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On 14 March 2024, Mark Radcliffe, CEO of Victorian Plumbing Group plc, received 5,354,015 Ordinary Shares at nil consideration from Carole Radcliffe. Following this transaction, Mark Radcliffe holds 158,433,657 Ordinary Shares, representing approximately 48.55% of the company's issued share capital. Additionally, Victorian Plumbing Group plc was notified that its Nominated Adviser changed its registered name from Houlihan Lokey UK Limited to Houlihan Lokey Advisory Limited.
| Date | 14 Mar 2024 |
| Time | 15:15:01 |
| Category | Director/PDMR dealings |
| ID | 9303G |
14 March 2024
Victorian Plumbing Group plc
("Victorian Plumbing" or "Company")
Director/PDMR Dealing and
Change of name of Nominated Adviser
Victorian Plumbing (AIM: VIC), the UK's leading bathroom retailer, makes the following announcement in accordance with the requirements of Article 19(3) of the Market Abuse Regulation (596/2014EU), which is part of UK law by virtue of the European Union (Withdrawal) Act 2018, in respect of ordinary shares of £0.001 each in the capital of the Company ("Ordinary Shares").
The Company was notified on 14 March 2024 by Mark Radcliffe (CEO) that he had, on that date, received 5,354,015 Ordinary Shares at nil consideration from his mother, Carole Radcliffe.
Following this transaction, Mark Radcliffe holds 158,433,657 Ordinary Shares, representing approximately 48.55% of the Company's issued share capital.
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1. Details of the person discharging managerial responsibilities/person closely associated |
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a) Name |
Mark Radcliffe |
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2. Reason for the notification |
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a) Position/status |
Chief Executive Officer |
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b) Initial notification / Amendment |
Initial notification |
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3. Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor |
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a) Name |
Victorian Plumbing Group plc |
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b) LEI |
894500R59II0S4WXGZ04 |
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4. Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted |
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a) Description of the financial instrument, type of instrument |
Ordinary Shares of £0.001 each |
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b) Identification code |
ISIN: GB00BNVVHD43 |
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c) Nature of the transaction |
Purchase of Ordinary Shares |
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d) Price(s) and volume(s) |
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e) Aggregated information: i. Aggregated volume ii. price |
n/a |
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f) Date of the transaction |
14 March 2024 |
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g) Place of the transaction |
United Kingdom |
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The Company has also been notified that, as a consequence of an internal reorganisation, its Nominated Adviser has changed its registered name from Houlihan Lokey UK Limited to Houlihan Lokey Advisory Limited.
For further information, please contact:
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Victorian Plumbing Group plc Mark Radcliffe, Chief Executive Officer Paul Meehan, Chief Financial Officer |
via FTI Consulting +44 20 3727 1000 |
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FTI Consulting (Financial PR) Alex Beagley, Eleanor Purdon, Harriet Jackson, Amy Goldup
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+44 20 3727 1000 |
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Houlihan Lokey Advisory Limited (Nominated Adviser) Sam Fuller, Tim Richardson |
+44 20 7839 3355 |
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Barclays Bank PLC (Joint Broker) Nicola Tennent, Stuart Muress |
+44 20 7623 2323 |
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Deutsche Numis (Joint Broker) Luke Bordewich, Oliver Steele |
+44 20 7260 1000 |